Alaska Hydro Stock Current Ratio
AKH-H Stock | CAD 0.01 0.01 33.33% |
Alaska Hydro fundamentals help investors to digest information that contributes to Alaska Hydro's financial success or failures. It also enables traders to predict the movement of Alaska Stock. The fundamental analysis module provides a way to measure Alaska Hydro's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alaska Hydro stock.
Alaska | Current Ratio |
Alaska Hydro Company Current Ratio Analysis
Alaska Hydro's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Alaska Hydro Current Ratio | 0.05 X |
Most of Alaska Hydro's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alaska Hydro is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
In accordance with the recently published financial statements, Alaska Hydro has a Current Ratio of 0.05 times. This is 96.15% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The current ratio for all Canada stocks is 97.69% higher than that of the company.
Alaska Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alaska Hydro's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alaska Hydro could also be used in its relative valuation, which is a method of valuing Alaska Hydro by comparing valuation metrics of similar companies.Alaska Hydro is currently under evaluation in current ratio category among its peers.
Alaska Fundamentals
Return On Asset | -2.94 | ||||
Current Valuation | 428.11 K | ||||
Shares Outstanding | 38.37 M | ||||
Shares Owned By Insiders | 32.06 % | ||||
Number Of Shares Shorted | 3.56 K | ||||
Price To Book | 221.41 X | ||||
Gross Profit | 88.51 K | ||||
EBITDA | (51.42 K) | ||||
Net Income | (70.45 K) | ||||
Cash And Equivalents | 1.85 K | ||||
Total Debt | 3.59 K | ||||
Current Ratio | 0.05 X | ||||
Book Value Per Share | (0) X | ||||
Cash Flow From Operations | (55 K) | ||||
Short Ratio | 0.14 X | ||||
Beta | 0.79 | ||||
Market Capitalization | 383.7 K | ||||
Total Asset | 14.75 K | ||||
Retained Earnings | (5.17 M) | ||||
Working Capital | (147.33 K) | ||||
Net Asset | 14.75 K |
About Alaska Hydro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alaska Hydro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alaska Hydro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alaska Hydro based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Alaska Stock Analysis
When running Alaska Hydro's price analysis, check to measure Alaska Hydro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alaska Hydro is operating at the current time. Most of Alaska Hydro's value examination focuses on studying past and present price action to predict the probability of Alaska Hydro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Hydro's price. Additionally, you may evaluate how the addition of Alaska Hydro to your portfolios can decrease your overall portfolio volatility.